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About Bank Jobs

Banking is one of the fastest-growing industries in India and they are considered as sunrise sectors of the Indian Economy. More so, the government is focusing on providing banking facilities in every village and town, under its Financial Inclusion scheme. And hence, more and more branches of the banks are being opened in every part of the country.

As the sector is growing very fast, it also needs manpower at various levels. Essentially the recruitment in bank sector happens at the following levels:

Bank Probationary Officer (Bank PO): This is a managerial position in a bank. After the essential 1 to 2-year training, candidates are designated as Assistant Managers (AM) or Deputy Managers (DM). Starting Salary as a Bank PO ranges from Rs. 30,000 - Rs. 40,000, depending upon bank to bank and location of posting.

Bank Clerks: As the name suggests, this is a clerical position in the bank and this can be considered as an entry-level job in a bank. Salary of a Bank Clerk is generally in the range of Rs. 20,000-25,000 depending on bank to bank and posting location.

Specialist Officers (SO): Banks also hire candidates for specialist profiles like – IT Officer, HR Officer, Marketing Officer, Finance Officer, Law Officer, Agriculture Officer, etc. Usually, the grade and the starting salary of Specialist Officer is in the same range as Probationary Officers.

Every year, government banks recruit more than 1,00,000 candidates for various roles. So in terms of employment in the government sector, Banking is the most lucrative sector to grab a government job.

Following banks is the main bank which are recruiting regularly over the years – State Bank of India, Reserve Bank of India, NABARD, SIDBI PSU Bank: Allahabad Bank, Andhra Bank, Bank of India, Bank of Baroda, Bank of Maharashtra, Canara Bank, Central Bank of India, Corporation Bank, Dena Bank, Indian Bank, Indian Overseas Bank, Oriental Bank of Commerce, Punjab & Sindh Bank, Punjab National Bank, Syndicate Bank, UCO Bank, Union Bank of India, United Bank of India, Vijaya Bank, IDBI Bank, Bharatiya Mahila Bank.

About Bank Exams

Every year, multiple exams are conducted for the recruitment of Bank PO, Bank Clerk & Specialist Officers. Broadly, these exams can be classified into the following Categories-

IBPS PO: It is a common exam conducted by the Institute of Banking Personnel Selection (IBPS) for 20 PSU Banks for the recruitment of Probationary Officers. IBPS Clerk: It is a common exam conducted by the Institute of Banking Personnel Selection (IBPS) for 20 PSU Banks for the recruitment of Clerical Cadres.

IBPS Specialist Officers (IBPS SO): It is a common exam conducted by the Institute of Banking Personnel Selection (IBPS) for 20 PSU Banks for the recruitment of Specialist Officers like Marketing Officer, IT Officer, HR Officer, etc.

IBPS Regional Rural Bank Exam: Institute of Banking Personnel Selection (IBPS) conducts a common written exam for all the Regional Rural Banks of India (RRBs) for the posts of Probationary Officer, Clerical and Specialist Officers.

SBI Probationary Officer: State Bank of India conducts its own exam for the recruitment of Probationary Officers.

SBI Clerk: State Bank of India conducts its own exam for the recruitment of Clerical Cadres.

RBI Grade B Exam: Reserve Bank of India recruit officers (Grade B) through an All India exam. Through, there are very few jobs in this, but working with RBI has its own benefits and future prospects.

RBI Assistants Exam: RBI recruits Clerical Cadres through an All India exam. Again, a job in RBI is considered very prestigious.

Bank Exams Pattern

Recruitment in government banks is generally done in the three-stage recruitment process. The first two phases are written tests, which are called Pre and Main; and the last stage is the interview process. Shortlisting of candidates is done at each stage – Pre, Main, and Interview.

The final merit list is prepared on the basis of marks in Mains and Interview (weightage: 80% Written Test & 20% Interview).

Bank Exams Syllabus

Written tests in bank exams generally ask questions to test the General Aptitude of the candidates. In Prelims, 100 questions are asked from three different sections – Quantitative Aptitude (35 Questions), Reasoning Ability (35 Questions), English Language (30). While in the Mains exams, 200 questions are asked covering Quantitative Aptitude, Reasoning Ability, English Language, General Awareness, and Basic Computer Knowledge.

Syllabus of all the above sections is given below:

Quantitative Aptitude:

Number Systems, Ratio & Proportion, Percentage & Averages, Profit & Loss, Mixtures &Alligations, Simple Interest & Compound Interest, Surds & Indices, Time & Distance, Mensuration – Cylinder, Cone, Sphere, Sequence & Series, Permutation Combination & Probability, Quadratic Equations, Data Interpretation.

Reasoning Ability :

Sitting Arrangements, Tabulation, Logical Reasoning, Syllogism, Input-Output, Coding-Decoding, Alphanumeric Series, Ranking / Direction / Alphabet Test, Data Sufficiency, Coded Inequalities, Non-Verbal Reasoning.

English Language :

Reading Comprehension, Cloze Test, Error Spotting, Sentence Correction, Para Jumbles, Vocabulary, Multiple Meaning Words, Paragraph Completion, and New Pattern Questions of various types.

Computers :

Number System, History of Computers, Hardware, Software, Database (Introduction), Communication (Basic Introduction), Networking (Lan, Wan), Internet (Concept, History, Working Environment, Application), Security Tools, Virus, Hacker, MS Windows & MS Office, Logic Gates.

Current Affairs:

Banks in NEWS, Economy based current affairs, Business NEWS, Agreements, New Appointments, Visits, Government Schemes, Awards and Honors, Summits, Committees, National and International, Obituaries, Reports and Indexes, Books and Authors, Defense, Sports.

Banking:

RBI, Function of RBI, Banking Abbreviations, Banking Regulation Act 1949, Policy Rates, Types of Accounts, NEGOTIABLE INSTRUMENTS ACT 1881, BANKING OMBUDSMAN SCHEME 2006, FINANCIAL INCLUSION, PRIORITY SECTOR LENDING, MONEY MARKET INSTRUMENTS, Capital Market

 The insurance sector is one of the fastest-growing economies of our country which brings dynamic career advancement opportunities. The job profile in this sector involves purchasing and maintaining various financial, administrative, and personal services, carrying out work and purchase inquiries, and preparing and scrutinizing the bills for payment.

In India, we have Life Insurance Corporation of India ( LIC) and four General Insurance Companies under the public sector. The public sector general insurance companies are

• New India Assurance Company Limited(NIA)
• United India Insurance company limited (UIL)
• Oriental Insurance Company Limited(OICL)
• National Insurance Company Limited(NICL)

We are providing coaching for the following posts notified by Insurance Companies every year.

• Preliminary Examination
• Mains Examination
• Language Proficiency Test

Candidates who qualify in the Online Main Examination will be shortlisted and invited for Regional Language Test.

Minimum Age: 21 years old
Maximum Age: 30 years

The minimum qualification needed for the candidate appearing for this exam should have a graduation degree from a recognized university or any equivalent qualification recognized by the central government. The candidates must have passed in English as one of the subjects at SSC/HSC/Intermediate/ Graduation level. Candidates should have the certificate as proof of passing the examination. 

 About Punjab Govt. Job Exam
Apart from Punjab Public Service Commission various Punjab Govt. bodies conduct like Punjab Subordinate Selection Board – PSSSB, PSPCL, High Court, PAU Ludhiana, GADVASU Ludhiana, District Court, DC Office, PUNSUP, Punjab Warehouse  Corporation Punjab Mandi Board, Punjab Police, Cooperative Bank Punjab, Agriculture Development Bank Punjab, etc announce jobs and conduct Govt. Job Exam independently for various Posts.

18 – 25/30/38 for General Category
Relaxation as per Norms to SC/ ST/ BC/ OBC/ Ex-Serviceman/ 1984 Riot Victims
Age may vary from Post to Post and Department to a department. For Exact details kindly refer to the official advertisement of the concerned department

Post Graduation/ Graduation/ +2/ 10th / Diploma.
For Exact details kindly refer to official advertisement of the concerned department.

May consist of Aptitude Test which includes Test of Numeric Ability, Reasoning Ability,  Current GK, Punjab GK, General Awareness, English, English Comprehension, etc as required by a job.